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masya89 [10]
3 years ago
7

The short-run aggregate supply curve has a(n) ________ slope because as prices of ________ rise, prices of ________ rise more sl

owly.
Business
1 answer:
madreJ [45]3 years ago
8 0

According to macroeconomic principle, the short-run aggregate supply curve has a <u>Positive</u> slope because as prices of <u>final goods and services</u> rise, prices of <u>inputs</u> rise more slowly.

This is based on the idea that the <u>short-run aggregate supply</u> curve shifts by changes in price level and production.

Thus, the Short-run aggregate supply curve is represented as Y = Y* + α(P-Pe).

  • Here, Y => the production of the economy;

  • Y* => the natural level of production, and the coefficient is positive;

  • P => the price level;

  • Pe => the expected price level.

Hence, in this case, it is concluded that the short-run aggregate supply curve is a significant detail to be noted in the economic analysis of business production.

Learn more here: brainly.com/question/17328500

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7 0
3 years ago
Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
Rashid [163]

Answer:

B. $132,000.

Solution : Segment margin is calculated by deducting all expenses that are directly traceable to the segment. it doesn't include corporate common expenses.

So, Contribution = 50000 x(10-6) = $ 200000

Less : Direct fixed cost                ($ 68000)

                Segment Margin          $ 132000

5 0
3 years ago
One of the advantages of off-the-shelf software is that ________________. a. the initial cost is lower because the software firm
77julia77 [94]

Answer: Option A                                      

   

Explanation: In simple words, it refers to the software that is readily available in the market unlike the custom made software which are made for a specific purpose.

The cost of such software is less as they do not demand the expertise and time that is needed to manufacture a custom made software.

Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
The owner of a one-acre parcel of land with a small house on it rented the property to a professor of a nearby college at a mont
Ksivusya [100]

Answer: See explanation

Explanation:

Based on the information that were provided in the question, in a situation whereby the court rules in favor of the property owner, the most likely reason for this will be because the payment of the professor are as consistent just exactly as if they had a landlord-tenant relationship between them even though it was just an oral contract that they both had.

In this case, since the professor met his term of the agreement, then he should be given the property.

4 0
3 years ago
When a company strives to achieve lower overall costs than rivals and appeals to a broad spectrum of customers, it pursues Multi
dybincka [34]

Answer:

an overall low-cost provider strategy.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

A overall low-cost provider strategy is a strategic business model that's typically focused on a broad customer base (segment) while still making profit by providing low-cost goods and services to the customers, as well as underpricing rivals in the same industry.

This ultimately implies that, it is a business strategy that involves lowering the price of goods and services in order to stimulate demand, generate more revenue, draw more customers and gain a competitive advantage over competitors or rivals in the same industry.

Hence, when a company strives to achieve lower overall costs than its rivals in the same industry and appeals to a broad spectrum of customers, it is considered to pursue an overall low-cost provider strategy.

6 0
3 years ago
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